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Stagflation Is Back—And the Fed Is Asleep at the Wheel

Protestant firebrand and political activist Hugh Latimer must have known he was risking his life when he stepped into the pulpit at St. Paul’s Cross on January 12, 1549. His sermon that Sunday morning was hardly religious in nature. Rather, Latimer publicly expressed the view– the deep, deep frustration– that

Fixing America Requires Dumping the Hypocrites First

In October 2024, a sitting justice of the New Hampshire state Supreme Court, Anna Barbara Hantz Marconi, was indicted on seven criminal charges related to corruption and abuse of power. According to prosecutors, Justice Marconi abused the immense power of her office to squash a separate criminal investigation that had

Let’s Take a Quick Pause and Look Back at History

In light of this week’s roller-coaster gold ride, I thought it would be useful to turn once again back to the lessons of history and revisit what we discussed recently about the 1970s. Foreign governments and central banks around the world had been becoming increasingly concerned about the US government’s

Dismantling the most outrageous lie in American finance

It was only ten weeks ago that the US national debt crossed $37 trillion for the first time. Now, less than three months later, the national debt is set to surpass $38 trillion this week. That’s a simply insane rate of increase— another $1 trillion added to the debt in

A Tale of Two Crocketts on “No Kings Day”

In 1828, a proposal came before the US House of Representatives to provide some money to the widow of a deceased naval officer. The woman’s husband had died in service to the country, and tragically she had been left penniless. So the request wasn’t outrageous—just a small pension to help

What if gold crashes to $3,000 per ounce?

A little over a month ago, in early September, after careful analysis and detailed study, my team and I reached an important conclusion. And we started telling our audience almost immediately. Gold had just crossed $3,500 per ounce, silver had just crossed $40, and many gold and silver mining companies

Honest question: what did you get for $30+ trillion?

Some of us are old enough to remember life in 1999. That Prince song– party like it’s “1999”– was constantly on the radio in anticipation of the year 2000. Plenty of doomsayers were predicting the end of the world because of the ‘Y2K’ software bug. (Spoiler alert: it didn’t happen.)

There was once a time when Congress cared about literally every penny

As the clock struck midnight on July 1, 1848, Ohio Congressman Samuel Vinton probably started having a minor panic attack. Viton was Chairman of the powerful House Ways and Means Committee, the Congressional body that, at least at the time, was responsible for all taxation and spending appropriations. Anything that

Letitia James finally becomes a ham sandwich

In 1983, 25-year-old Letitia James signed a mortgage application with her father and listed him as her husband. The reason was obvious: this qualified her for better loan terms. When she was caught years later, she claimed it was simply a clerical error. Oops! Didn’t realize my dad wasn’t my

$4,000 gold: is it time to sell?

You’d think Charles de Gaulle would have been a little bit more grateful to America. As head of the Free French Forces during World War II, de Gaulle was essentially a leader in exile, and he had to base himself in England for the majority of the war after the

The brutal math behind AI: it’s either you or Zuckerberg

Back in the mid-90s, the world was abuzz with a new technology called the Internet. Technically the Defense Department had invented it back in the late 1960s. But by the mid-90s, Internet use was growing at an an astonishing rate among American consumers, triggering a major need for more digital

Why, sadly, it may be too late for Britain to reverse course

It was 1821 when British statesman John Wilson Croker declared that “the sun never sets on the British Empire.” Croker wasn’t the first to say it, but as a lifelong naval administrator and imperial cheerleader, he gave that phrase real political weight. And at the time it was no exaggeration.

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